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Chicago sportsbetting proposition stalls amid opposition to low tax rate

December 8, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Licenses, Taxation, Sports betting, Illinois

The effort to pass legislation that would bring legalized sportsbetting to the American city of Chicago has reportedly stalled over claims that the measure’s suggested tax rate would bring in just ‘peanuts’ fro...

Cancellation blow for Macau junket giant Tak Chun Group

Adam Morgan

December 8, 2021

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Employment & Careers, Licenses, Macau, Mergers, Acquisitions & Partnerships, Crime

Asian junket operator Tak Chun Group has reportedly confirmed that the lucrative cooperation agreements it held with Macau’s collection of six licensed casino operators have been unilaterally cancelled. Acco...

Interim reprieve for operation of electronic gaming machines in Virginia

Adam Morgan

December 7, 2021

Virginia, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, The Players Lounge, Online Gambling News, Sports betting, Fines, Lawsuits & Litigation

In the southern American state of Virginia and a local judge has reportedly issued a temporary injunction to prevent law enforcement officials from shutting down the retail operation of popular slot-like electr...

Thailand inaugurates body to investigate legalization of casino gambling

Adam Morgan

December 6, 2021

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, Taxation, Thailand

The government of Thailand has reportedly established a special cross-bench body that is to be tasked with considering a variety of measures that could well lead to the legalization of some casino gaming. Ac...

Tough couple of months for American online sportsbetting operators

Adam Morgan

December 3, 2021

NFL, U.S.A., Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Licenses, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships

The individual value of stocks in some of the largest online sportsbetting operators in the United States including DraftKings Incorporated and Penn National Gaming Incorporated have reportedly taken a hit over...

Local campaign threatening Nagasaki Prefecture casino bid

Adam Morgan

December 3, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

In Japan and a group of citizens opposed to the campaign to bring an integrated casino resort to Nagasaki Prefecture has reportedly submitted a petition calling on the local government to halt the entire effort...

Churchill Downs Incorporated said to be exploring potential TwinSpires sale

Adam Morgan

December 3, 2021

Latest Casino and Gambling News, U.S.A., Gaming Law & Legislation, Online gaming software, Online gambling regulation, Gaming Industry News, Newest casino games, Economy/Finance, The Players Lounge, Licenses, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships

American casino operator Churchill Downs Incorporated reportedly saw the value of its shares rise by 5.7% yesterday on news that it is potentially exploring the option of selling off its TwinSpires-branded onli...

Nevada Gaming Control Board recommends San Manuel Band of Mission Indians for licensing

Sadonna Price

December 2, 2021

Tribal Gaming, Las Vegas, Latest Casino and Gambling News, Licenses, Nevada

On Wednesday, the Nevada Gaming Control Board decided to approve the San Manuel Band of Mission Indians for licensing. The tribe is looking to acquire a closed off-Strip resort, and the unanimous licensing appr...

The Blackstone Group Incorporated takeover offer rebuffed by Crown Resorts Limited

Adam Morgan

December 2, 2021

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Economy/Finance, Money Laundering, Licenses, Mergers, Acquisitions & Partnerships, Crime

In Australia and casino operator Crown Resorts Limited has reportedly rejected an improved takeover proposal from American private equity management firm The Blackstone Group Incorporated. According to a rep...

Official online sports betting rules now complete in New York; services may begin in early 2022

Sadonna Price

November 29, 2021

Latest Casino and Gambling News, Licenses, Sports betting, New York

Online sports betting is moving closer to fruition in New York. The State Register recently published the official rules for services, giving instruction to approved sportsbooks on how they should function. The...

Kuwana to potentially join Japan’s integrated casino resort race

Adam Morgan

November 26, 2021

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Gaming Industry News, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

In Japan and the central Honshu city of Kuwana has reportedly expressed an interest in potentially securing one of the nation’s coming trio of licenses to build and operate a Las Vegas-style integrated casino r...

Macau casinos may now be held liable for partner junket debts

Adam Morgan

November 25, 2021

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Licenses, Macau, Fines, Lawsuits & Litigation

In a potentially landmark decision and a Macau appeals court has reportedly ruled that the enclave’s six casino operators can now be held liable should any of their partner junket firms go bust before paying ba...

Stanley Choi Chiu Fai offloads more shares in International Entertainment Corporation

Adam Morgan

November 23, 2021

Casino News, Latest Casino and Gambling News, Casino expansion projects, Casino project updates, Hong Kong, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships

The Chairman for International Entertainment Corporation, Stanley Choi Chiu Fai (pictured), has reportedly just pocketed approximately $3.38 million by selling a 4.8% stake in the hotel and leisure operator to ...

Wakayama Prefecture postpones resident integrated casino resort briefings

Adam Morgan

November 22, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Employment & Careers, Japan, Licenses, Mergers, Acquisitions & Partnerships

In Japan and Wakayama Prefecture has reportedly postponed a series of briefings that were due to be held from later this week so as to allow the local population to ask questions regarding the jurisdiction’s en...

Maryland casinos progress towards retail sportsbetting launches

Adam Morgan

November 19, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, NFL, Casino News, Online gambling regulation, Casino expansion projects, Gaming Industry News, Economy/Finance, Licenses, Taxation, Sports betting, Online Gambling News, Maryland

In the American state of Maryland and five casinos have reportedly taken the next step towards being licensed to offer retail sportsbetting after having their applications approved by the newly-created Sports W...

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Chicago sportsbetting proposition stalls amid opposition to low tax rate

Cancellation blow for Macau junket giant Tak Chun Group

Interim reprieve for operation of electronic gaming machines in Virginia

Thailand inaugurates body to investigate legalization of casino gambling

Local campaign threatening Nagasaki Prefecture casino bid

Churchill Downs Incorporated said to be exploring potential TwinSpires sale

Nevada Gaming Control Board recommends San Manuel Band of Mission Indians for licensing

The Blackstone Group Incorporated takeover offer rebuffed by Crown Resorts Limited

Official online sports betting rules now complete in New York; services may begin in early 2022

Kuwana to potentially join Japan’s integrated casino resort race

Macau casinos may now be held liable for partner junket debts

Stanley Choi Chiu Fai offloads more shares in International Entertainment Corporation

Wakayama Prefecture postpones resident integrated casino resort briefings

Maryland casinos progress towards retail sportsbetting launches

Lottstift’s 14-Month System Glitch in Norway Leads to Missing Gambling Tip-Offs

Las Vegas City Council Rejects Harlem Nights Casino Project Proposal

Tennessee Fines Illegal Offshore Sportsbooks $50,000 Each in Ongoing Crackdown

Romanian Regulator Demands Meta and Google Remove Illegal Gambling Ads

AGI Announces PHP59 Billion Investment for 2025 Expansion